Crores usd to million usd

In July, the growth rate of seafood exports continued to slow down to 14% on the year, earning 970 USD million. (Photo baodautu.vn) Hanoi (VNS/VNA) - Vietnam's seafood export value is expected to slow growth to 3 billion USD in the third quarter due to a lack of raw materials and disadvantages in the market in the second half. At the beginning of the year, farmers released shrimp due to the forecast that the weather would not be too cold. They have expected to early harvest raw shrimp . However, diseases and the quality of shrimp seeds have affected farming results. According to Ho Quoc Luc, former chairman of the Vietnam Association of Seafood Exporters and Producers ( VASEP ) and also chairman of the Sao Ta Foods Joint Stock Company (FIMEX), there are three reasons for the shortage of raw shrimp, including disease, quality of shrimp varieties and water source. By the end of this year, the supply of raw shrimp will not be abundant, and prices will remain high, … [Read more...] about Seafood exports expected to reach 3 billion USD in Q3

The Hanoi event saw the participation of Dinh Tien Dung, Politburo member and Secretary of the Hanoi Party Committee, and Anouphap Tounalom, Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee, and Secretary of the Party Committee and Chairman of the People’s Council of Vientiane. Nguyen Manh Quyen, Vice Chairman of Hanoi People’s Committee, said relations between Hanoi and Vientiane and other localities in Laos have been promoted across all channels, with effective projects in economy, healthcare, education, agriculture, military and people-to-people exchanges. In the first half of this year, Hanoi exported 74.8 million USD worth of goods to Laos, making up 0.9% of the city’s total export value, while importing 98.3 million USD worth of goods from the neighboring country, or 0.48% of Hanoi’s accumulative import revenue. Noting the all-round cooperation between Hanoi and Vientiane, the official said the two capital cities have supported each other in … [Read more...] about Hanoi, Vientiane promote cooperation in investment, trade, tourism

A tea field in the midland province of Thai Nguyen. (Photo: VNA) Hanoi (VNA) — Standing Deputy Prime Minister Pham Binh Minh has just signed Resolution 96/NQ-CP on the Government's action plan for socio-economic development and ensuring national defence and security in the northern midland and mountainous regions by 2030. Under the action plan, the Government set specific targets for socio-economic development for the regions. The Gross Regional Domestic Product (GRDP) growth in the period of 2021-2030 will reach 8-9% per year, and by 2030, the economic scale of the region will reach about 21 trillion VND (90.5 billion USD), of which agriculture, forestry and fishery will account for 12-13%, industry and construction 45-46%, and services 37-38%. The GRDP per capita will be 140 million VND (6,000 USD) per year (at the current price), and the total state budget revenue will reach about 190 trillion VND (8.1 billion USD). The urbanisation rate is about 40%, and 80% … [Read more...] about Pushing economic development in northern midland, mountainous regions

Binh Duong – The Vietnamese football team won the 2022 International U19 Tournament after beating Malaysia 4-3 in the southern province of Binh Duong on August 11. The Vietnamese squad (Photo: VNA) Vietnam had a good start with Van Tu opening the score with a header after 11 minutes into the match. Vietnam then dominated the match and created many attacks. The official 90 minutes ended with a 1-1 draw. The sides further competed in a shootout, with Vietnam finally earning the victory. The Vietnamese players pocketed a reward of 10,000 USD, while runner-up Malaysia obtained 6,000 USD. Coming third, Thailand went home with 4,000 USD. By PV VNA … [Read more...] about Vietnam win int’l U19 football tournament

Hanoi - Vietnam on August 10 beat Thailand 2-0 at the semifinal of the ASEAN Football Federation (AFF) U16 Youth Championships 2022, winning a ticket to the final of the tournament in Indonesia on August 12. Vietnam on August 10 beat Thailand 2-0 at the semifinal of the ASEAN Football Federation (AFF) U16 Youth Championships 2022. (Photo: VNA) Right in the first minutes, the Vietnamese players put pressure on their Thai rivals, and their efforts paid off in the 30th minute when Cong Phuong opened the scoring. Trong Tuan scored the second goal with a header in the 83rd minute. Vietnam are to meet host Indonesia, which defeated Myanmar earlier this week, in the final. Following the match, the Vietnam Football Federation (VFF) awarded 300 million VND (12,828 USD) to coach Nguyen Quoc Tuan and his players, raising their total awards to 600 million VND. Earlier, Vietnam beat Thailand 1-0 in its third match of the 2022 International U19 Tournament in the southern … [Read more...] about Vietnam reach final of AFF U16 Youth Championships

Foodex is Asia’s the largest exhibition dedicated to food and drinks across Japan and the whole world. Up to 20 participating businesses come from cities and provinces with strength in agro-fisheries such as Ho Chi Minh City, Hanoi, Nghe An, BacGiang, NinhBinh, Dong Thap, Ben Tre, Can Tho, KienGiang, Lam Dong and Ca Mau. On display are Vietnamese specialty fruits, vegetables, processed aquatic products and fish oil, organic pepper, seedless lemon, rice-derived food, cakes and fruit drinks. Vietnam’s fruit and vegetable export to Japan hit 130 million USD in 2017, up nearly 70 percent. The four-day exhibition attracts 3,350 firms from 80 countries and territories worldwide, and 85,000 visitors.-VNA VNA … [Read more...] about Vietnam joins Foodex 2018 in Japan

An overview of the conference (Photo: VNA) Hanoi (VNA) – A project to develop a comprehensive model in building safe community against natural disasters in Vietnam , which is funded by the US Agency for International Development (USAID), was launched during a conference in Hanoi on August 11. The conference, jointly held by the American Red Cross Society, the US Red Cross Society, and others, aims to provide the project information to relevant stakeholders, and introduce the role of participating organisations in the project. The project, implemented from October 2021 to September 2023 in 16 communes and wards in Ha Giang, Son La and Thua Thien-Hue provinces, aims to enhance the capacity of the communal authorities and community organisations in supporting the community in preventing and minimising impacts from natural disasters as well as responding to the disasters, while improving the capacity of provincial authorities to coordinate resources for disaster … [Read more...] about Project to develop natural disaster-resilient community

Kuala Lumpur (VNA) – Malaysia’s services revenue grew 25.2% year-on-year to 506.5 billion MYR (113.64 billion USD) in the second quarter of 2022, the Department of Statistics Malaysia (DoSM) said. According to the office, this was contributed by the wholesale and retail trade, food and beverages and accommodation segment which saw revenue went up 26.1% y-o-y to 409.3 billion MYR while the information and communication and transportation and storage segment revenue edged up 21.3% to 72.2 billion MYR. The health, education and arts, entertainment and recreation segment revenue grew 24.4% to 15.1 billion MYR and professional and real estate agent segment revenue went up 20% to 9.9 billion MYR. On a quarterly basis, the total revenue of the services sector grew 7.1% or 33.8 billion MYR. The total number of persons engaged in the sector rose 4.9% or 177,600 persons to 3.8 million persons as compared with the corresponding period of the previous year. DoSM said salaries … [Read more...] about Malaysia: Services revenue surges in Q2

N.A. Chairman Vuong Dinh Hue said the meeting had completed all tasks as scheduled. He asked the Secretary General and Chairman of the N.A. Office to work closely with competent agencies to submit four resolutions passed at the meeting to him for signing, namely a resolution on the question-and-answer sessions; a resolution on the establishment of Binh Phu township in Cai Lay district, Tien Giang province; a resolution on the establishment of Chon Thanh town and its wards, Binh Phuoc province; and a resolution on continued payment for laborers in line with the N.A. Standing Committee’s Resolution No.03/2021/UBTVQH15 dated September 24, 2021 on support policy for laborers and employers hit by COVID-19. The draft resolution on continued payment for laborers in line with the N.A. Standing Committee’s Resolution No.03/2021/UBTVQH15 dated September 24, 2021 on support policy for laborers and employers hit by COVID-19 was discussed earlier the same day. Under the resolution, over VND … [Read more...] about N.A. Standing Committee’s 14th meeting wraps up

Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam has many more opportunities to increase export of fruits and vegetables to the European Union - the world's largest market, thanks to tariff incentives brought by the EU-Vietnam Free Trade Agreement (EVFTA), according to analysts. Data from the General Department of Customs show Vietnam’s vegetable and fruit export turnover to Europe in 2021 hit 303 million USD, up 17.4 percent year-on-year. EU countries was on the rise. Notably, the demand for novel tropical fruits and vegetables increased from 15-20 percent for fresh products and over 30 percent for processed products. Vietnam , during 2022 – 2023. VNA … [Read more...] about EVFTA helps push up Vietnam’s spice, fruit, vegetable export to EU